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Bendigo & Adelaide Bank Issues Performance Rights Under Employee Scheme

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Bendigo & Adelaide Bank Issues Performance Rights Under Employee Scheme

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Bendigo & Adelaide Bank ( (AU:BEN) ) has shared an announcement.

Bendigo & Adelaide Bank Limited announced the issuance of 27,975 performance rights under an employee incentive scheme. These securities are unquoted and subject to transfer restrictions until the restriction period ends, indicating a strategic move to incentivize and retain employees, potentially impacting the company’s operational performance and stakeholder interests.

The most recent analyst rating on (AU:BEN) stock is a Hold with a A$10.60 price target. To see the full list of analyst forecasts on Bendigo & Adelaide Bank stock, see the AU:BEN Stock Forecast page.

More about Bendigo & Adelaide Bank

Bendigo & Adelaide Bank Limited operates in the financial services industry, providing banking and financial products and services primarily in Australia. The company focuses on retail banking, offering a range of services including loans, credit cards, and savings accounts.

Average Trading Volume: 1,047,819

Technical Sentiment Signal: Buy

Current Market Cap: A$7.13B

For an in-depth examination of BEN stock, go to TipRanks’ Overview page.

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